Credit Reports 101 

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Credit Reports 101 

Credit reports are an important tool for understanding your financial situation. They provide a snapshot of your credit history, including all of the accounts you have open and how you manage them. Understanding how credit reports work can help you make better decisions about borrowing and managing debt. Credit reports can also help you protect yourself against identity theft and fraud. In this article, I’ll explain the basics of credit reports, including what information they contain, what information it doesn’t contain, why you should get a copy of your credit report, and how to get a copy of your credit report.

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What Is Buy Now, Pay Later? How does it work?

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What Is Buy Now, Pay Later? How does it work?

Seeing an item you want but not having the cash to buy it can be frustrating. But, Buy Now, Pay Later programs put those days behind you, allowing you to spread the payments out for the item. You’ll likely see advertisements for this option in-store and online, so it’s important to know how it works. Here’s everything you must know about the program and how it works.

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FICO vs. FAKO (Vantage) Credit Scores – What You Must Know

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FICO vs. FAKO (Vantage) Credit Scores – What You Must Know

If you’re even partially interested in your credit score and you live anywhere on social media, you’ve likely heard a lot of debate between FICO vs. FAKO credit scores. While these terms correspond to your credit score, there is more to know about them because they are vastly different.

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How To Create a Debt Repayment Plan in 7 Easy Steps

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How To Create a Debt Repayment Plan in 7 Easy Steps

Ignoring your debt and neglecting to take steps to repay it, will often, if not always, cause it to become worse. The reason is that debt collectors often assess additional fees and interest on the debt that you owe, so unpaid debts can become monstrous in short periods of time. Creating a debt repayment plan is essential to your financial health. Follow these steps for an effective and workable plan.

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What is Peer to Peer Lending?

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What is Peer to Peer Lending?

Peer to peer lending is often referred to as people to people lending. Unlike your traditional lending where it happens between an individual and a bank, peer to peer lending occurs between two individuals. Conventional sources of borrowing can sometimes be challenging, those challenges have opened the door for peer to peer lending and addressed the excess demand for borrowing.

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